Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoom
ZM
|
+$806M |
| 2 |
AbbVie
ABBV
|
+$481M |
| 3 |
T-Mobile US
TMUS
|
+$464M |
| 4 |
Kroger
KR
|
+$430M |
| 5 |
Baidu
BIDU
|
+$423M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$1.35B |
| 2 |
AGN
Allergan plc
AGN
|
+$1.26B |
| 3 |
Sprint Corporation
S
|
+$675M |
| 4 |
Amgen
AMGN
|
+$488M |
| 5 |
Humana
HUM
|
+$450M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.76% |
| 2 | Technology | 16.41% |
| 3 | Consumer Staples | 10.58% |
| 4 | Consumer Discretionary | 10.12% |
| 5 | Communication Services | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1651
DELISTED
Paramount Global Class A
PARAA
| $4.98M | ﹤0.01% |
194,376
-145,200
| -43% | -$3.24M |
2013 Q2
28 quarters
|
|
1652
Aviat Networks
AVNW
$256M
| $4.97M | ﹤0.01% |
544,170
-27,600
| -5% | -$172K |
2013 Q2
28 quarters
|
|
1653
Stratasys
SSYS
$639M
| $4.96M | ﹤0.01% |
+312,732
| New | +$5.29M |
2020 Q2
0 quarters
|
|
1654
Northeast Bank
NBN
$1.07B
| $4.95M | ﹤0.01% |
282,045
-7,300
| -3% | -$111K |
2016 Q4
14 quarters
|
|
|
LEAF
1655
DELISTED
Leaf Group Ltd.
LEAF
| $4.93M | ﹤0.01% |
1,343,967
+256,100
| +24% | +$532K |
2015 Q1
21 quarters
|
|
1656
Bloomin' Brands
BLMN
$783M
| $4.93M | ﹤0.01% |
462,500
+416,023
| +895% | +$4.3M |
2020 Q1
1 quarter
|
|
1657
Select Water Solutions
WTTR
$2.47B
| $4.92M | ﹤0.01% |
1,004,342
+131,800
| +15% | +$604K |
2019 Q3
3 quarters
|
|
1658
Cabot Corp
CBT
$3.9B
| $4.91M | ﹤0.01% |
132,600
+83,000
| +167% | +$2.78M |
2019 Q4
2 quarters
|
|
1659
BCB Bancorp
BCBP
$248M
| $4.89M | ﹤0.01% |
527,178
-9,400
| -2% | -$90.1K |
2015 Q4
18 quarters
|
|
1660
Varex Imaging
VREX
$785M
| $4.89M | ﹤0.01% |
322,800
-41,500
| -11% | -$838K |
2017 Q3
11 quarters
|
|
1661
Westamerica Bancorp
WABC
$1.35B
| $4.88M | ﹤0.01% |
84,931
+41,031
| +93% | +$2.39M |
2019 Q2
4 quarters
|
|
1662
Airgain
AIRG
$54.5M
| $4.85M | ﹤0.01% |
451,936
+39,700
| +10% | +$339K |
2019 Q1
5 quarters
|
|
|
ALTA
1663
DELISTED
Altabancorp
ALTA
| $4.84M | ﹤0.01% |
215,340
-19,300
| -8% | -$399K |
2015 Q4
18 quarters
|
|
1664
XPLR Infrastructure LP
XIFR
$930M
| $4.82M | ﹤0.01% |
94,000
-10,300
| -10% | -$499K |
2019 Q2
4 quarters
|
|
1665
Bar Harbor Bankshares
BHB
$639M
| $4.82M | ﹤0.01% |
215,150
-43,100
| -17% | -$803K |
2013 Q2
28 quarters
|
|
1666
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $4.81M | ﹤0.01% |
88,000
-23,100
| -21% | -$1.24M |
2019 Q1
5 quarters
|
|
|
WMC
1667
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $4.81M | ﹤0.01% |
175,645
-134,931
| -43% | -$3.45M |
2016 Q1
17 quarters
|
|
1668
Philips
PHG
$24.2B
| $4.81M | ﹤0.01% |
126,580
-218,455
| -63% | -$7.6M |
2020 Q1
1 quarter
|
|
1669
iShares TIPS Bond ETF
TIP
$14.3B
| $4.8M | ﹤0.01% |
+39,000
| New | +$4.74M |
2020 Q2
0 quarters
|
|
1670
Farmers National Banc Corp
FMNB
$890M
| $4.8M | ﹤0.01% |
404,400
-36,504
| -8% | -$422K |
2014 Q4
22 quarters
|
|
1671
Terex
TEX
$6.05B
| $4.77M | ﹤0.01% |
254,100
+54,000
| +27% | +$859K |
2019 Q3
3 quarters
|
|
|
SBBP
1672
DELISTED
Strongbridge Biopharma plc.
SBBP
| $4.74M | ﹤0.01% |
1,254,600
+290,272
| +30% | +$870K |
2019 Q1
5 quarters
|
|
1673
Jabil
JBL
$32B
| $4.74M | ﹤0.01% |
147,600
-1,253,544
| -89% | -$36.1M |
2018 Q4
6 quarters
|
|
1674
Verisk Analytics
VRSK
$23B
| $4.73M | ﹤0.01% |
+27,800
| New | +$4.39M |
2020 Q2
0 quarters
|
|
1675
DELISTED
Golden Entertainment
GDEN
| $4.73M | ﹤0.01% |
530,096
-268,404
| -34% | -$2.5M |
2013 Q2
28 quarters
|
|
Similar funds
Renaissance Technologies's Q2 2020 Portfolio in Review
As of Q2 2020, Renaissance Technologies held 3,987 positions worth $116B, up 13% from $103B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies withdrew a net $8.24B in Q2 2020, closing 596 positions and reducing 1,365 holdings. Its most notable exit was Allergan plc, an estimated $1.26B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, down from 26% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Uber worth $187M.
- Renaissance Technologies's largest Q2 2020 buy was Uber: 6,030,316 shares worth $187M.
- Renaissance Technologies added most to Zoom in Q2 2020, an estimated $806M increase.
- Renaissance Technologies's biggest Q2 2020 reduction was Bristol-Myers Squibb, cutting an estimated $1.35B.
- Renaissance Technologies fully exited Allergan plc in Q2 2020, selling an estimated $1.26B.
- Renaissance Technologies's ten largest holdings make up 14% of its $116B portfolio in Q2 2020.
- Renaissance Technologies opened 583 new positions and closed 596 in Q2 2020.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $116B.
Based on Renaissance Technologies's 13F filing for Q2 2020, filed 13 Aug 2020.